Latest News

Operating vs. Finance Leases: The Impact of the New Standard
The clock is ticking on the countdown to the implementation of the new lease accounting standard for private companies. According to reports from the Securities and Exchange Commission and the U.S....
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Hidden in Plain Sight: Accounting for Embedded Leases
FASB’s new lease accounting standard is having a significant effect on a broad range of balance sheets for all types of entities, with some companies reporting financial obligations of billions of...
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Unclaimed Property Audit Fallacies and Myths
Despite the strong economy and their fuller coffers, states across the nation continue to take an aggressive approach in administering their unclaimed property statutes. Illinois, for example, has...
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IRS Finalizes Rules for 100% Depreciation Deduction
The Internal Revenue Service and the Treasury Department released the final regulations for the new 100 percent additional first year depreciation deduction included as part of the Tax Cuts and Jobs...
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IRS Updates Per Diem Rates for Lodging and Meal Expenses When Traveling
The Internal Revenue Service issued new per diem rates for business travelers to use for lodging, meals and incidental expenses, effective Oct. 1, 2019. Notice 2019-55 provides the annual update to...
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National Standing Committees

NSAC has national standing committees that support the mission and goals of the society. Each committee is made up of members who volunteer their services. Committee members are expected to participate in conference calls and/or meetings, and to contribute to the mission of the committee. This may take the form of writing articles for our publications, leading an educational program, speaking at chapter or national technical sessions, assisting in advocacy efforts for our members, etc. The committee chairs generally serve for several years and are appointed by NSAC’s executive committee of the board of directors.

Accounting & Auditing
Audit & Finance
Canadian Membership Development
Chapter Development
Education
Membership Development
National Program Planning
Small Cooperative
Tax

Members will find information about these committees by clicking on the appropriate link under National Standing Committees in the Members Only section.